Wage bill as a percentage of GDP in Chile
Chile: Wage bill as a percentage of GDP was 7.0% in 2022. ▲ Rising
Latest (2022)
7.0%
Change on year
up 2.3%
World rank
113th
of 191 countries
All-time high
7.5%
in 2020
All-time low
4.6%
in 2006
Years of data
23
2000–2022
Wage bill as a percentage of GDP in Chile, 2000–2022
Source: World Bank.
Analysis
The most recent figure for wage bill as a percentage of gdp in Chile is 7.0%, measured in 2022.
The figure is up 2.3% on the previous year and up 22.3% over ten years.
Over the whole period, wage bill as a percentage of gdp in Chile peaked at 7.5% in 2020 and was at its lowest, 4.6%, in 2006.
That places Chile 113th out of 191 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Wage bill as a percentage of GDP in Chile, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.8% | — |
| 2001 | 5.8% | -0.6% |
| 2002 | 5.8% | -0.1% |
| 2003 | 5.6% | -3.5% |
| 2004 | 5.1% | -7.6% |
| 2005 | 5.0% | -2.1% |
| 2006 | 4.6% | -8.9% |
| 2007 | 4.7% | +1.9% |
| 2008 | 5.2% | +12.1% |
| 2009 | 6.0% | +14.3% |
| 2010 | 5.7% | -3.9% |
| 2011 | 5.6% | -3.2% |
| 2012 | 5.7% | +2.6% |
| 2013 | 5.9% | +3.8% |
| 2014 | 6.1% | +3.6% |
| 2015 | 6.4% | +3.9% |
| 2016 | 6.6% | +4.0% |
| 2017 | 6.8% | +2.8% |
| 2018 | 7.0% | +2.5% |
| 2019 | 7.2% | +3.4% |
| 2020 | 7.5% | +4.5% |
| 2021 | 6.8% | -9.6% |
| 2022 | 7.0% | +2.3% |
Chile compared with similar countries
- Chile's 7.0% is below the median for high income countries, which is 10.0%, 69% of the median. (64 countries reporting)
- Chile's 7.0% is below the median for Latin America & Caribbean, which is 7.5%, 93% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3% | 4.6% | 6.0% | 10 |
| 2010s | 6.3% | 5.6% | 7.2% | 10 |
| 2020s | 7.1% | 6.8% | 7.5% | 3 |
Countries ranked near Chile
- 110 Belarus 7.5% compare
- 111 Switzerland 7.4% compare
- 112 South Sudan 7.3% compare
- 114 Aruba 6.9% compare
- 115 South Korea 6.9% compare
- 116 Paraguay 6.7% compare
More reference data data for Chile
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9268 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.22 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 5.33 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2204 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 5.33 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.11 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.46 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 11.45 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 25.25 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.2 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Chile?
- Wage bill as a percentage of gdp in Chile was 7.0% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Chile?
- The highest recorded value was 7.5% in 2020.
- What is the lowest wage bill as a percentage of gdp recorded in Chile?
- The lowest recorded value was 4.6% in 2006.
- How does Chile rank for wage bill as a percentage of gdp?
- Chile ranks 113th out of 191 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Chile?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is rising.
- Where does this Chile data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).